Join Curt Frye for an in-depth discussion in this video Introducing the problem, part of Solving Optimization and Scheduling Problems in Excel.
- The first type of problem that we will look at…in this course is a Mixture Problem,…specifically a Linear Mixture Problem.…Mixture problems ask you to find…the optimal combination of ingredients.…Figuring out what is optimal can be based on…a number of different criteria.…It could be to minimize cost or to maximize profit,…and yes, those can be different things,…or to meet production goals.…You probably noticed that I was careful to state…that this is a linear problem.…
So what makes a problem linear?…Well the first is that every term is a constant,…such as a constant cost,…and perhaps that is multiplied by a factor, say 0.35.…So if I had 100 pounds of substance A…and that cost me 40 cents a pound,…my factor would be 0.4, if I were expressing it in dollars.…The next point is that you may not have…any exponents in your terms.…So that means an equation such as…y = 2x + 3 is linear, because the variable x…is of the first power.…
It doesn't have an exponent on it.…However, y = 2x squared + 3 is nonlinear,…and that's because x is squared,…
- Finding target values using Goal Seek
- Organizing worksheets
- Finding a solution using Solver
- Solving linear and nonlinear mixture problems
- Solving transportation problems
- Solving resource scheduling or sports scheduling problems
- Analyzing Solver results
Skill Level Intermediate
Excel 2013: Managing and Analyzing Datawith Dennis Taylor2h 2m Intermediate
Excel 2013: Data Validation in Depthwith Dennis Taylor1h 5m Intermediate
Cleaning Up Your Excel 2013 Datawith Dennis Taylor1h 59m Appropriate for all
1. Working with Solver
2. Solving a Linear Mixture Problem
3. Solving a Nonlinear Mixture Problem
4. Solving a Transportation Problem
5. Solving a Resource Scheduling Optimization Problem
6. Solving a Sports Scheduling Problem
7. Analyzing Your Solver Results
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